I tossed out my stockholders ballot before I read the proxy statement and notice of annual meeting for Netflix. First, but least important, was the salaries. The two co-CEOs earn $53 million each. The so-called "median employee" earns $211,201, a ratio of 255 to 1.
Second, and most important, the shareholders wanted changes and those proposals were all opposed by the leadership. Proposal 5 was on politicized brand misalignment, i.e. gender ideology in children's programming. I was horrified reading through the titles of the garbage being aimed at children. "This promotion of sexualized content, particularly to Netflix' youngest viewers, has alienated customers, employees, and shareholders, and exposed Netflix to litigation and regulatory scrutiny . . . exposed Netflix to significant contingent liability and material legal risk." A $500 billion market value company with CEOs who make $53 million is trafficking children, in my opinion. I'll need to call our broker today. Netflix opposing statement was jibberish.
Showing posts with label Netflix. Show all posts
Showing posts with label Netflix. Show all posts
Tuesday, May 05, 2026
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